Nov 9, 2012 4:00am PST
, the u.s. is just 53 days to falling off that fiscal cliff. today, president obama is going to deliver a big speech about the economy. one of the main components of the president's spending plan is higher tax rates for the wealthy. that's something that house speaker john boehner doesn't seem to be buying. listen. >> raising tax rates is unacceptable. and, frankly, it couldn't even pass the house. i'm not sure it could pass the senate. >> without a budget compromise, drastic cuts amendmently kick in. that, of course, could send the economy spiraling back into a recession. white house correspondent brianna keilar is live for us this morning from washington. john boehner was the guy who said he didn't think a lame duck congress could do big things. what can be done in the next, what did i say, 53 days? >> well, maybe finding some sort of stopgap measure. some sort of framework on tax reform, soledad. i think that's the goal here. the fact is, house republicans and president obama and senate democrats, they don't really have a choice. they have to do something, and that became very clear
Nov 19, 2012 4:00am PST
the u.s., as long as the country continues on its path to democracy. cnn's jessica yellin is traveling with the president. she joins us live from yangon in myanmar. this was a historic visit. what has been the response there. >> hi, john. the response has been very warm. obviously the people we're seeing are people who want to come out and embrace the president's message. but he spoke here in this auditorium, at an historic site, to 1500 students and professionals. people who are pro-democracy, advocates, and regular citizens who just wanted to hear his message. he got a very warm reception here and the white house said that he was moved, as well, by the thousands of people who came out to greet him on the road outside the airport when he arrived. the airport gave an address in which he acknowledged that democracies are sometimes difficult and it's a struggle to get to full freedom. but he said that it is, of course, worth the effort. and he also made clear that it isn't just a visit of goodwill, it also has strategic significance with a message to another nation in the area. listen to
Nov 20, 2012 4:00am PST
diplomats are coming to israel and to 9 region, not just the u.n. secretary-general, but the u.s. secretary of state as you've just said has been dispatched by president obama to meet face-to-face with the principles in this conflict. the prime minister of israel, the president of egypt who is taking the lead in organizing these cease-fire negotiations from the hamas side with israel. soledad? >> christiane, that sounds like the short-term option, right? you sort of try to hold everything down while you negotiate some kind of a short-term peace. what are people saying about the longer-term options here? >> well, you know, there's a lot of devil in the details, as always. you know, each side wants to make sure it's not just a short-term. it's a long-term option. because on the one hand, israel wants a long-term solution to the rockets that are being fired into israel, and into threatening the residents of that area of southern israel close to gaza. on the other hand, the hamas and the palestinians in gaza want a long-term solution to lifting the siege of gaza, and also want a promise, a pled
Nov 29, 2012 4:00am PST
in cairo. the u.s. embassy there is closed. no one is being allowed in or out as we speak. >> embassy officials say protesters are blocking the entrance and clashes are happening near nearby. reza sayah is nearby for us. what's happening? >> reporter: there is no indication protesters are targeting the u.s. em wibassy b it was closed as a precaution. these are protesters who clashed with police. these are the trouble-making elements, the teenagers, young men, the 20-somethings who for the past four days vo thrown red sox, debris, molotov cocktails at police. police responded by firing teargas, stun grenades. some police officers have been throwing rocks as well. some of the clashes have been inching toward the assembly which is a couple of blocks from tahrir square. four hours ago the embassy shut its doors saying no one would come in or leave until further notice. more demonstrations scheduled in the days ahead in tahrir square. the embassy announcing that services for american citizens in cairo will be cancelled until further notice. >> this is all over president morsy's power grab.
Nov 21, 2012 4:00am PST
delivery routes, and 570 bakery stores throughout the u.s. this is a story, you know, people make light of it, you're going to get your twinkies. this is a story about people and their jobs. 18,000 people. for some of those towns where the hostess factory for the wonder bread factory and bakery are really an important part of the economy. so we wish everybody the best. >> hopeful they'll be able -- the people want their jobs. this looks like the people who own the company really wanted to continue to make this iconic brand. >> if investors could buy it maybe they could keep some of those factories running. some of those factories quite frankly are pretty old and inefficient. so we'll see. >> christine, thank you for the update. still ahead we continue to follow the breaking news out of tel aviv the bomb blast on that bus this morning. ruin any chances for a de-escalation which is what they've been talking about. we're going to be chatting with the ambassador stuart holliday ahead. then the republican tradition the iowa straw poll. why is the state's governor saying, eh, kind of useless.
Nov 26, 2012 4:00am PST
manufactures products for walmart and other companies in the u.s. and europe. >>> police in georgia say a suspected walmart shoplifter is dead after getting in a physical altercation with two employees and a security guard. investigators say the man left the store with two dvd players. employees and the security guard detained him, when police got there they say the employees were on top of the man, who was unresponsive, and bleeding from the nose and mouth. walmart is investigating. >>> human error is to blame for a gas explosion that destroyed a strip club in springfield, massachusetts, last week. see the explosion right there. at least 21 people were injured by the blast, including 12 firefighters and 2 police officers. according to the fire marshal's office, the utility workers inadvertently punctured a hole in a high pressure gas line while responding to reports of a gas smell nearby. >>> another sign life is slowly returning to normal in new jersey. path trains are back in service this morning after superstorm sandy swamped the system. you're seeing pictures there of the floodwate
Nov 23, 2012 4:00am PST
. minding your business this morning, u.s. stock futures are up but it's expected to be a light trading day after the holiday and it's a shortened trading day, as well. markets close at 1:00 p.m. eastern. >> leftover turkey. 13 minutes after the hour. the black friday frenzy in full swing. the national retail federation estimates 147 million shoppers are expected to hit stores today, and into the weekend. plus, we already know that online shopping is up. it's up nearly 20% so far. and, the number of customers using mobile devices to check out deals online has reached a new record, 28.5%. that's according to the ibm benchmark survey which tracks the sort of thing every year. and it's not even cyber monday yet. >> every day has a name. many small retailers are hoping to get a piece of the action tomorrow with small business saturday. that is a big push from the small business administration encouraging customers to do their holiday shopping at local small shops tomorrow. 100 million americans shop at independently owned stores an this day last year. >>> two days back from the brink of war, a